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Jay Richards at AEI: Christian Values and Capitalism

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Uploaded by on Oct 29, 2009

AEI Event: "Can Christians Be Capitalists? A Conversation about Faith and Free Enterprise" September 30, 2009 http://www.aei.org/event/100139

Is it possible that market-based solutions are the key to ending poverty, providing health care and education, and raising the standard of living for all? At this event, Jay W. Richards, author of Money, Greed, and God: Why Capitalism is the Solution and Not the Problem (HarperOne, 2009) will lead a discussion of the way in which the free enterprise system can be used to meet the biblical mandates to alleviate poverty, care for the sick, and steward our environmental resources. This is the second event of a new initiative of the American Enterprise Institute to engage young people in a conversation about the relationship between the free enterprise system and values.

Jay W. Richards has served in leadership positions at the Discovery Institute and the Acton Institute for the Study of Religion and Liberty, and is currently a Visiting Fellow at the Heritage Foundation. His most recent book "Money, Greed, and God: Why Capitalism Is the Solution and Not the Problem" seeks to explain the market economy to people who don't like economics, and defend it against its religious critics.

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  • @bweber88: Actually, the driving motor of capitalism, or economic freedom under the rule of law, is the implication of the commandments "Thou shalt not steal" and "Thou shalt not covet", both of which imply that God intends that people own things, and that they be protected by law to keep them and use them for the benefit of themselves and others. Can you demonstrate how coveting is what drives capitalism?

  • Did you ever realize that the very essence and driving motor of capitalism is a direct violation of one of the 10 commandments? Thou shalt not covet. Coveting is what drives capitalism no question. It amuses me that christians pontificate about this being a christian country, and then at the same time deride socialism and prop up capitalism.

  • The crisis was not the natural result of a capitalist system any more than a fever is the natural result of an imperfect immune system, etc.

  • The school of thought that promotes wealth accumulation for prosperity is coming to a dead end...maybe the CRISIS was a forerunner to extinction?

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